Direct digital holdings reports second quarter 2025 financial results

Revenues increased 24% sequentially over q1 2025; consolidated gross margin improved sequentially to 35% compared to 29% in q1 2025 reduced operating expenses by 25% in q2 2025 compared to q2 2024 driven by continued progress with strategic cost saving initiatives net loss and adjusted ebitda1 loss improved sequentially over q1 2025 by $1.7 million and $1.6 million, respectively, reflecting a sequential increase in buy-side revenue and related gross profit houston , aug. 5, 2025 /prnewswire/ -- direct digital holdings, inc. (nasdaq: drct) ("direct digital holdings" or the "company"), a leading advertising and marketing technology platform operating through its companies colossus media, llc ("colossus ssp") and orange 142, llc ("orange 142"), today announced financial results for the second quarter ended june 30, 2025. mark d. walker, chairman and chief executive officer, commented, "our focus in the first half of 2025 has been on rebuilding and growing our business following the disruption that substantially impacted our sell-side business in 2024.
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